According to Grand View Research, Inc a new study, shows that the global e-cigarette and vaping market size will reach $47.11 billion dollars in 2025. The main e-cigarette and vaping users in the future will point to the young generation and drive the e-cig market.
As many people know, in order to quit smoking, vaping can be the most effective way to help to transit, compare with the traditional cigarette, vaping is less toxic. People who are aware of health, would choose to use a more safer, smokeless and ass less tobacco. Therefore, this will arouse the e-cigarette and vaping market.
With the prosperous vaping market, boosting the demand for e-cigarettes, triggers to E-cig companies respond to the large vaping market, and lunch more new and innovative vaping devices, to meet more youth style and taste. Several E-liquid flavors without nicotine as well as launch in the market for satisfying various age groups. Those result to stimulate market growth all over the world.
For encourage more people to opt for a safer alternative to smoking, many agencies have been calling for setting standards for vaping devices. Various medical associations have been shown some long term studies and proved and helped determine that e-cigarettes can be considered as a safer substitute to conventional cigarettes.
A large amount of e-cig companies developing efficient vapor products, with new and innovative products under their brand name. Moreover, market incumbents are also investing in new product development and introducing innovative products. Let us wait for the e-cig and vaping time comes!